Civic Intelligence

Friends of Sherwood Forest Elementary School

EIN 45-3960323 • 501(c)3 • Winston Salem, NC

Profile

It is the mission of Friends of Sherwood Forest to enhance instructional opportunities that benefit the students of Sherwood Forest Elementary School.

1055 Yorkshire RoadWinston Salem, NC 27106

www.friendsofsherwoodforest.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

95th percentile

76%

Higher net margin than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-98%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $29,955 (-100%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$0

Down $29,955 (-100%) from 2021

Revenue

Down

$1,201

Down $59,636 (-98%) from 2021

Expenses

Down

$285

Down $53,260 (-99%) from 2021

Net Income

Down

$916

Down $6,376 (-87%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2012: $27,110Liabilities 2012: $02012Assets 2013: $23,896Liabilities 2013: $02013Assets 2014: $31,497Liabilities 2014: $02014Assets 2015: $29,326Liabilities 2015: $02015Assets 2016: $29,914Liabilities 2016: $02016Assets 2017: $32,734Liabilities 2017: $0Net Assets 2017: $32,7342017Assets 2018: $54,421Liabilities 2018: $02018Assets 2019: $69,105Liabilities 2019: $02019Assets 2020: $22,663Liabilities 2020: $02020Assets 2021: $29,955Liabilities 2021: $0Net Assets 2021: $29,9552021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2012: $27,192Expenses 2012: $82Net Income 2012: $27,1102012Revenue 2013: $43,869Expenses 2013: $47,083Net Income 2013: -$3,2142013Revenue 2014: $110,450Expenses 2014: $102,849Net Income 2014: $7,6012014Revenue 2015: $103,057Expenses 2015: $105,228Net Income 2015: -$2,1712015Revenue 2016: $94,299Expenses 2016: $93,711Net Income 2016: $5882016Revenue 2017: $106,041Expenses 2017: $103,221Net Income 2017: $2,8202017Revenue 2018: $129,832Expenses 2018: $108,145Net Income 2018: $21,6872018Revenue 2019: $139,995Expenses 2019: $125,311Net Income 2019: $14,6842019Revenue 2020: $57,022Expenses 2020: $103,464Net Income 2020: -$46,4422020Revenue 2021: $60,837Expenses 2021: $53,545Net Income 2021: $7,2922021Revenue 2022: $1,201Expenses 2022: $285Net Income 2022: $9162022

Highlighted filing

2022

Revenue$1,201
Expenses$285
Net Income$916

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 3, 2022
Return Version
2021v4.2
Gross Receipts
$1,201
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
TO FINANCIALLY SUPPORT THE ACTIVITIES AND PERSONNEL AT SHERWOOD FOREST ELEMENTARY SCHOOL-$285
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIZABETH SMITHPresident-$0--
EMILY PHILLIPSVice President-$0--
DERECK LEWISTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Friends of Sherwood Forest Elementary School
EIN
45-3960323
Address
1055 YORKSHIRE ROAD, WINSTON SALEM, NC 27106

Signing Officer

Name
Derek Lewis
Title
Treasurer
Phone
3367744646
Signed
2022-10-03
Discuss with paid preparer
Yes

Preparer

Firm
Ryan C Blair CPA PLLC
Address
895 State Farm Road Suite 301, Boone, NC 28607
Preparer
Ryan C Blair
Phone
8282645500
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountbusiness registration 15fundraising expense 241subscriptions 29

Other changes in net assets or fund balances Part I line 20

Description amountdissolution pymts - sfes pta (30,984)prior year adjustment 113

Changes to governing documents Part V line 34

On 7/9/2021 dissolution of the corporation was authorized by approval of a plan of dissolution by a vote of a majority of the directors of friends of sherwood forest. The corporation paid and discharged all liabilities and obligations of the corporation. Per the plan of dissolution, the remaining cash of the corporation was distributed to the sherwood forest elementary school pta (ein: 56-1424092). The distributions made to the sherwood forest elementary school pta were made on 8/20/2021 and 6/13/2022 in the amounts of $25,000 and $5,984, respectively. The sherwood forest elementary school pta is a 501(c)(3)organization.the articles of dissolution and plan of dissolution were filed with the north carolina secretary of state on 9/9/2021. Pdf copies have been attached to the return.

Part III response or note to any other line in Part III

It is the mission of Friends of Sherwood Forest Elementary School to enhance the instructional opportunities that benefit the students, teachers and staff of Sherwood Forest Elementary School.

Part V response or note to any other line in Part V

Information regarding personal benefit contracts:during the year the organization did not receive any funds directly or indirectly to pay the premiums on a personal benefit contract or did the organization pay any premiums directly or indirectly on a personal benefit contract.

Raw XML Appendix174 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
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IRS990EZ/OrganizationDissolvedEtcInd0true
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0285
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0285
IRS990EZ/TotalProgramServiceExpensesAmt0285
IRS990EZ/TotalRevenueAmt01201
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://WWW.FRIENDSOFSHERWOODFOREST.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt043183
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt057022
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0139995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0129332
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0370733
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01201
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0370733
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IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
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IRS990ScheduleN/LiabilitiesPaidInd0true
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt15984
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0SHERWOOD FOREST ELEM SCH PTA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm1SHERWOOD FOREST ELEM SCH PTA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBUSINESS REGISTRATION 15FUNDRAISING EXPENSE 241SUBSCRIPTIONS 29
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDISSOLUTION PYMTS - SFES PTA (30,984)PRIOR YEAR ADJUSTMENT 113
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ON 7/9/2021 DISSOLUTION OF THE CORPORATION WAS AUTHORIZED BY APPROVAL OF A PLAN OF DISSOLUTION BY A VOTE OF A MAJORITY OF THE DIRECTORS OF FRIENDS OF SHERWOOD FOREST. THE CORPORATION PAID AND DISCHARGED ALL LIABILITIES AND OBLIGATIONS OF THE CORPORATION. PER THE PLAN OF DISSOLUTION, THE REMAINING CASH OF THE CORPORATION WAS DISTRIBUTED TO THE SHERWOOD FOREST ELEMENTARY SCHOOL PTA (EIN: 56-1424092). THE DISTRIBUTIONS MADE TO THE SHERWOOD FOREST ELEMENTARY SCHOOL PTA WERE MADE ON 8/20/2021 AND 6/13/2022 IN THE AMOUNTS OF $25,000 AND $5,984, RESPECTIVELY. THE SHERWOOD FOREST ELEMENTARY SCHOOL PTA IS A 501(C)(3)ORGANIZATION.THE ARTICLES OF DISSOLUTION AND PLAN OF DISSOLUTION WERE FILED WITH THE NORTH CAROLINA SECRETARY OF STATE ON 9/9/2021. PDF COPIES HAVE BEEN ATTACHED TO THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3It is the mission of Friends of Sherwood Forest Elementary School to enhance the instructional opportunities that benefit the students, teachers and staff of Sherwood Forest Elementary School.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS:DURING THE YEAR THE ORGANIZATION DID NOT RECEIVE ANY FUNDS DIRECTLY OR INDIRECTLY TO PAY THE PREMIUMS ON A PERSONAL BENEFIT CONTRACT OR DID THE ORGANIZATION PAY ANY PREMIUMS DIRECTLY OR INDIRECTLY ON A PERSONAL BENEFIT CONTRACT.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part V response or note to any other line in Part V
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ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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